NOT LISTED FOR SALE

Estimated Value: $2,351,000 - $3,350,272

8 Beds
8 Baths
3,840 Sq Ft
$707/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $1,650,000 $430 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $16,807/month

6 Days on Market

Highlights

  • No Units Above
  • Landscaped
  • 5-minute walk to Mathews Parkette
  • Madison Elementary School Rated A+
  • Level Lot

About This Home

As of May 2017

4 townhome style units, each with 2 bedrooms & full bath upstairs, living room, kitchen, dining area and 1/2 bath on entry level.
6 one car garages!
Unit's 2 & 3 have tiled floors on entry level.
Unit #4 has extra large private patio. Long term tenants except unit #3.
Rents are low! Excellent rental area, close to aerospace, freeways, beaches and LAX.

Last Agent to Sell the Property

Ross Cohan

Beach City Brokers License #00785023 Listed on: 03/03/2017

Beach City Brokers

Last Buyer's Agent

Ross Cohan

Beach City Brokers License #00785023 Listed on: 03/03/2017

Beach City Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,961

Year Built

  • Built in 1965

Lot Details

  • 7,509 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Landscaped
  • Level Lot

Parking

  • 6 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 4155023017

Community Details

Overview

  • 4 Units

Building Details

  • 1 Leased Unit
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gardener Expense $540
  • Insurance Expense $1,534
  • Trash Expense $1,600
  • Water Sewer Expense $2,100
  • New Taxes Expense $18,000
  • Operating Expense $23,489
  • Gross Income $69,600
  • Net Operating Income $45,781

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,961

Year Built

Built in 1965

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2100.00
  • Zoning: RBR-2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 4155023017
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Levels: Two
  • Price Per Square Foot: 429.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 1600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street
  • Lot Size Sq Ft: 7509.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 960 Square Feet
  • Gross Income: 69600.00
  • Gross Scheduled Income: 69600.00
  • Insurance Expense: 1534.00
  • Net Operating Income: 45781.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 23819.00
  • Rent Control: No
  • Total Actual Rent: 5800.00
  • Total Expenses: 23489.00

Tax Info

  • New Taxes Expense: 18000.00
  • Tax Census Tract: 6205.22
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2017
Sold by
Adw #1 Llc
Bought by
Nobs Co Ltd
Current Estimated Value
$2,715,068

Purchase Details

Closed on
Mar 10, 2017
Sold by
Koenig Demaris Ann and The Demaris Ann Koenig 2002 Tr
Bought by
Adw #1 Llc

Purchase Details

Closed on
Jan 2, 2008
Sold by
Koenig Demaris Ann
Bought by
Koenig Demaris Ann and The Demaris Ann Koenig 2002 Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 31, 2002
Sold by
Koenig Demaris Ann
Bought by
Koenig Demaris Ann and The Demaris Ann Koenig 2002 Tr
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nobs Co Ltd $2,250,000 Fntg
Adw #1 Llc $1,650,000 Fntg Builder Services
Koenig Demaris Ann -- Chicago Title Company
Koenig Demaris Ann -- Chicago Title Company
Koenig Demaris Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koenig Demaris Ann $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $1,650,000 +3.1% $430 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $1,600,000 0.0% $417 / Sq Ft
02/06/2014 02/06/14 Rented $1,450 0.0% --
02/06/2014 02/06/14 For Rent $1,450 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,961 $2,560,112 $1,319,881 $1,240,231
2024 $28,961 $2,509,914 $1,294,001 $1,215,913
2023 $28,423 $2,460,701 $1,268,629 $1,192,072
2022 $28,041 $2,412,453 $1,243,754 $1,168,699
2021 $27,373 $2,365,151 $1,219,367 $1,145,784
2019 $26,845 $2,295,000 $1,683,000 $612,000
2018 $26,148 $2,250,000 $1,650,000 $600,000
2017 $2,674 $129,026 $50,466 $78,560
2016 $2,586 $126,497 $49,477 $77,020
2015 $2,547 $124,598 $48,734 $75,864
2014 $2,547 $122,158 $47,780 $74,378
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17043866

California Regional Multiple Listing Service (CRMLS)

APN: 4155-023-017